Wolf Lake, MI is a great place for those looking to buy a house. The median value of a house in the area is $181,900, which is significantly lower than the US median value of $338,100. In addition, the one year house appreciation rate in Wolf Lake is 13.62%, which is higher than the national average of 8.27%. These factors make Wolf Lake an attractive option for potential home buyers, as they will be able to get more bang for their buck and benefit from rapid appreciation rates.
The median home cost in Wolf Lake is $181,900. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Wolf Lake is up 16.5%.
Average Age of Homes
- The median age of Wolf Lake real estate is 45 years old
The Rental Market in Wolf Lake
- Renters make up 7.2% of the Wolf Lake population
- 0.0% of houses and apartments in Wolf Lake, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.